Vertex Pharma (VRTX) Tops Q2 EPS by 19c; Raises Outlook

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Go back to Vertex Pharma (VRTX) Tops Q2 EPS by 19c; Raises Outlook

Vertex Reports Second-Quarter 2018 Financial Results

July 25, 2018 4:01 PM EDT

-Second-quarter 2018 total CF product revenues of $750 million, a 46% increase compared to $514 million in the second quarter of 2017-

-Company increases full-year 2018 total CF product revenue guidance to $2.9 to $3.0 billion; reiterates full-year 2018 combined non-GAAP R&D and SG&A expense guidance of $1.50 to $1.55 billion-

-Provides update for triple combination regimens for CF; Phase 3 programs for both VX-659 and VX-445 expected to complete enrollment in the second half of 2018-

BOSTON--(BUSINESS WIRE)-- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the... More